Lincoln Gold Mining Inc.

Lincoln Gold Mining Inc. is pleased to announce that it has signed a drilling contract with KB Drilling Co. Inc. of Moundhouse, Nevada to carry out a core hole drilling program at its Pine Grove project south of Yerington, Nevada, with an anticipated start date in September 2021. This drilling program is an important next step in determining processing options for higher grade gold, potential expansion of known gold [...]

Lincoln Gold Mining Inc. is pleased to announce a non-brokered private placement offering of up to 4,167,000 units of the Company at a price of $0.18 per Unit to raise gross proceeds of up to $750,000. Net proceeds from the Private Placement will be primarily used towards exploration and water well drilling, the final stages of the permitting process for the Company's Pine Grove Gold Project in Nevada and for general [...]

Lincoln Gold Mining Inc. is pleased to announce that further to its news releases of May 5 and May 27, 2021, it has closed its oversubscribed non-brokered private placement offering of 2,768,666 units of the Company at a price of $0.15 per Unit to raise gross proceeds of $415,300. Each Unit consists of one common share in the capital of the Company and one Common Share purchase warrant . Each Warrant entitles the holder [...]

Lincoln Gold Mining Inc. is pleased to announce that, further to its press release dated May 5, 2021, its previously announced private placement will be oversubscribed. The Company now proposes to issue up to 2,770,000 units of the Company at a price of $0.15 per Unit to raise gross proceeds of up to $415,500. Net proceeds from the Private Placement will be primarily used towards the mine operations permitting process for [...]

Lincoln Gold Mining Inc. is pleased to announce a non-brokered private placement offering of up to 1,500,000 units of the Company at a price of $0.15 per Unit to raise gross proceeds of up to $225,000. Net proceeds from the Private Placement will be primarily used towards the final stages of the permitting process for the Company's Pine Grove Gold Project in Nevada and for general working capital purposes. Each Unit will [...]

Lincoln Gold Mining Inc. is pleased to announce it has finalized negotiations to reduce the overall Pine Grove project royalties to 2% or less in the known resource areas. The Company believes that the significantly reduced NSR on both of the major Pine Grove properties, the Wheeler and Wilson, will greatly enhance the financing opportunities as it plans for the final stages of permitting and development of the Pine Grove [...]

Lincoln Gold Mining Inc. announces that it has entered into an option agreement with an arm's length vendor, Messrs. Fayz and Ramy Yacoub to acquire a 100% interest in the Shawinigan nickel, copper and cobalt property located near Shawinigan, Quebec, Canada, halfway between Montreal and Quebec City. As the Company continues to advance its Pine Grove Gold project in Nevada, management believes this is the right time to [...]

Lincoln Gold Mining Inc. is pleased to announce that it has signed a non-binding Letter of Intent with Lyon Grove LLC to reduce the royalties on its Wilson property to 1% which comprises a substantial part of the Company's Pine Grove project in Nevada. Under the terms of the LOI, the Company will buydown the current net smelter returns royalty on the Wilson property from 2.5% to 1.0% on the patented claims and from 5.0 [...]

Lincoln Gold Mining Inc. announces that it has entered into discussions with two of its partners that own patented claims within the Company's Pine Grove Gold Project located in Nevada. The discussions involve a reduction in the net smelter returns royalties that currently exist on production. At present, the NSRs range from 2.5% to 7% on the planned open pit areas. Discussions have involved the buy down of these [...]

Lincoln Gold Mining Inc. announces the retirement of Mr. Jeffrey Wilson, Executive Vice President and Vice President Exploration of the Company. Lincoln's CEO, Paul Saxton, commented: "On behalf of the board of directors, we would like to thank Jeff for his significant contributions to the growth of Lincoln and the advancement of the company's Pine Grove and Oro Cruz projects. His leadership and commitment to the Company [...]